Litecoin (Cryptocurrency)

Litecoin ( LTCUSD’) needs no introduction. We will be looking at it shortly and going straight to the trade: snapshot - We have a falling wedge , which is a bullish pattern . - LTCUSD’ is now sitting at 2017 strong support levels. - MACD curving up and bullish crossover. Trade instructions for Litecoin’ (LTCUSD) by Alan Masters Buy in: $50 – $54 Targets...

weekly stochastic RSI is due a plunge , how ever volume is getting thin and i think a quick drive by the bulls uo to middle 4k might happen which will strongly get rejected down to a 2800 area just my thoughts troops. at 2800 we could go side ways untill a slow bull starts in may/june this how ever could be all irrelevant as Bitcoin is being controled by the...

Divergence on Volume and RSI as well as other indicators suggest the LTC uptrend is coming to a close. You could argue that LTC has been leading many Alts for the past few weeks and if that were the case we could see a drop or a stagnation in many Alts in the days and weeks to come.

$LTC 4 Hour Short

looking at history we have to drop in to that zone on the top of the lower historical trend one this is clear, we wont get a bull run this year, we may bot get a bull run for 18 months, but we might get an up and down sideways between 5 and 3 a drop to 2k is not out of the question soon, id be shocked but not surprised. the volume is low. if the S&P 500...

The cryptocurrency market is moving. We are seeing green and we like... We love it! I am now looking at the total market for the entire cryptocurrency market, all altcoins including Bitcoin, and we have several interesting signals. Perhaps you might want to take a minute now to hit LIKE, and then continue reading what I am about to share... Thanks a lot for...

Here we examine the potential A-B-C correction in LTC. The dark blue count reveals a scenario where we head for another impulsive wave down. The pale green count looks at a possibly finished down trend. From my perspective, the dark blue count seems much more likely at the moment, though continued resilience at these price levels may lead to a commendable bounce...

The LTCUSD pair remains under selling pressure on Wednesday, as the eight largest cryptocurrency by market capitalization struggles to rally away from the worst trading levels of the week. Litecoin buyers need to force price back inside the well-defined flag pattern to negate immediate downside pressure. The LTCUSD pair will likely come under further technical...

On LTC/USD we have reversal pattern (inverted SHS) which has been broken (neck line) and getting ready to climb higher. At the moment pair is breathing to the strong trend lines back (thich grey line). Until the price is above 35.77 is bullish until price will reach bearish Block where the pair can face a strugle. If price will manage to break and stay above we...

Bigger Harmonic Pattern Timeframe: Daily

Litecoin has moved back under the $30.00 level after finding strong technical resistance from the $31.50 level on Wednesday. Before correcting under the $30.00 handle, the LTCUSD pair had gained close to thirty per cent in market capitalization since opening the new trading week around the $24.40 level. The MACD indicator on the four-hour time is starting to...

What Halving means? Halving is a term common among cryptocurrency miners – the process sees the reduction of mining rewards of cryptocurrencies slashed by 50%. The halving is the event, the moment when the mining reward is divided by 2, is commonly called "halving". Other denominations are used: "reward drop", "reward halving", or simply "the halving" or "the...

Potential for a long trade here on LTC after this pullback. There is some resistance at target 1 however if this breaks price could reach target 2 at AB=CD extension. On this chart I have incorporated the ZenTrend and Hoffman scripts for entry, stop and targets.

Technical analysis: . LITECOIN/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (5.50 to 4.70). if so, traders can set orders based on Price...

LTC is close to its trend line which has been in a downward trend since 14th of January, we have two targets which are both marked in the (RED SQUARES). Litecoin has lost significant value since January but as we reach the trend line, a possible breakout is in play.

Technical analysis: . Litecoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...

Litecoin is one of the most bearish assets out there last days. Since 15th of Oct. it didn´t even get above the BB mean. It looks compressed to the downside as much as possible. Anyway, I think things might change. It is more risky trade indeed, but we can see: - A bullish wedge in created on the 4hr timeframe. - Bullish divergence on RSI and stochastic...

LItecoin Looking to retest the 200MA, at the moment this could be a risk as the market seems to be falling. But MACD has crossed slight towards buying power, RSI is oversold and LTC is ready to push out slightly, Holding a support of $52 which has held well for the time being, but it has been tested a few times of the last few weeks.